Business Consulting
Smith Schafer is an ongoing source to help you grow your business with strategies for tax savings, increased profits, and new opportunities.
Set a goal. Gain leverage.
Our team works closely with you to gather and examine historic trends, determine best practices and compile prospective financial statements. Comprehensive bookkeeping services and payroll support help your business run smoothly while monitoring short- and long-term cash flow and providing timely, accurate data. We also support succession planning for both family-owned and privately-held ventures and investments.
When we finish our analysis of your situation, you will know every detail was covered and our recommendations are based on facts. Best of all, you will feel confident and well prepared to move left, right, or straight ahead.
Our Business Consulting Services:
- Accounting Services
- Payroll Support Services
- Merger & Acquisitions
- Buying & Selling Agreements
- Budgeting & Cash Flow Analysis
- Succession Planning
- Projections & Benchmarking
- Litigation Support
- Cost Segregation Studies
- Legal Entity Analysis & Selection
- Accounting Software Consulting
- Fraud Evaluation & Examination Services
Business Consulting Resources
C Corporations – Tax Reform Affecting Tax Planning
One of the biggest changes under the Tax Cuts and Jobs Act (TCJA) is the permanent installation of a flat 21% federal income tax rate for C corporations for tax years beginning after 2017.
Succession Planning Requires Smart Strategies
Succession planning is important in any business, but it is sometimes overlooked in family-owned operations.
Should Your Business Be a C Corporation or a Pass-Through Entity?
The Tax Cuts and Jobs Act (TCJA) introduced a flat 21% federal income tax rate for C corporations for tax years beginning in 2018 and beyond.